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August 2016 Price Situation in the Cordillera
Inflation Rate
For August 2016, prices of goods and services in CAR remained at 0.9 percent.
Ifugao posted the highest inflation rate at 3.2 percent, followed by Mountain
Province at 2.7 percent, Kalinga at 2.6 percent, and Abra at 1.9 percent.
Compared to August 2015, price rates increased in the provinces except for
Mountain Province and Benguet.
Source: Philippine Statistics Authority
By Commodity Group, Month-on-Month
By commodity, the year-on-year growth of the heavily-weighted Food and Non-
Alcoholic Beverages index in the region slowed down to 0.7 percent as compared
to 3.2 percent of the previous month.
Inflation in Alcoholic Beverages & Tobacco is the highest in the region with 7.9
percent, followed by Clothing and Footwear with 2.8 percent.
Furnishing, Household Equipment & Routine Maintenance of the House, Health,
and Communication remained at 1.5, 1.6, and 0.2 percent, respectively.
Figure 2. Year-on-Year Inflation Rates by Province, CAR:
August 2015 and August 2016
(2006=100)
0.9
0.6
-0.1
0.5
1.0
1.1
4.2
0.9
1.9
0.9
-0.5
3.2
2.6
2.7
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
CAR Abra Apayao Benguet Ifugao Kalinga Mt.
Province
August, 2015 August, 2016